“Safely investing in and storing digital currency isn’t exactly easy, especially if you’re a large institutional firm. So to help, Coinbase just announced that they’re launching a service called Coinbase Custody, which will securely hold digital assets for institutional investors. The service will only be available to funds willing to store $10 million or more of digital currency with Coinbase, and will have a $100,000 initial set up fee along with a storage fee of 10 basis points (.10 percent) per month.”
Coinbase’s Custody service wants to store bitcoin for institutional investors
TechCrunch
